Investing terms

Trading made simple
  • Home

Currency Symbol – What is a Currency Symbol?

May 6, 2019 by Investor

What is a Currency Symbol?

Definition of Currency Symbol: It is a code made of three letters. This code is used as an abbreviation used for money. ISO 4217 is described as an international standard that is used for defining this code made of three letters, which describe the names of the currencies made by the Organization for Standardization. This code list is regarded as a recognized norm in the business and banking across the world used for describing the currencies and in several countries this code is used for common currencies. The initial two letters in the code are known as alpha and country codes. These two letters are also regarded as a base for the top domains in the internet. Let us take an example. Just imagine that the currency code of Japan is JPY. In this, JP stands for the country named Japan and Y stands for Yen. If money is again valued, the last letter of the currency code is altered to differentiate it from the previous ones. There are also some currencies that have signs and symbols that are generally used as an abbreviation for the name of the currency. Some of the slang, signs and currency symbols are AUD which stands for Australian Dollar, EUR which signifies Euro and many more.

Related posts:

  1. Forex Currency Symbols
  2. Common ISO Currency Symbols Used in Forex Trading
  3. ISO Currency Codes
  4. Base Currency – What is a Base Currency?
  5. Counter Currency – What is a Counter Currency?
  6. Currency Code
  7. How to Separate the Strong Currency from the Weak Currency in forex trading ?
  8. Currency

Filed Under: Education, Uncategorized

Trading made simple

Ads

Categories

  • EasyMarkets
  • Education
  • ETX Capital Review
  • Featured Terms
  • Forex brokers
  • Forex Exness
  • Freshforex Review
  • Fxpro
  • Terms
  • Uncategorized
  • XM forex broker
  • Xtrade Review
  • Zulutrade Review

Choose foreign language section

  • الاستثمار حيث
  • পদ বিনিয়োগ
  • 投资条款
  • Investitionen Begriffe
  • शर्तें निवेश
  • Conditions investir
  • Investire termini
  • 用語を投資
  • Investir termos
  • Términos invertir
  • Инвестирование условия
  • Terimleri Yatırım
Copyright wikifx.info 2013